.)- approx 7% gross yield- FHA, VA & conventional financing eligible- HOA covers water, common area, trash, snow removalThe Unit:— 461 square feet of efficient, light-filled living space— Large windows throughout — natural light all day— In-unit washer and dryer (a genuine rarity at this price in Old City)— Central A/C and heat— Full kitchen with dishwasher, microwave, and refrigerator included— Hardwood floors— Ample closet storageThe Location:— Walk Score 96 | Transit Score 99 | Bike Score 91— Steps from City Fitness and Sprouts Farmers Market— Surrounded by Old City's best cafés, restaurants, galleries, and boutiques— Easy access to I-76 and I-95 — ideal for commuters— Minutes from Center City, Fishtown, and Society Hill

We lost access to portions of the home on several occasions, including bathrooms, had heightened utility bills for water and electrical (dehumidifiers from roof leak, keeping doors to garage open to help heat it to prevent freezing pipes).

No exposed wires, solid railings, working plumbing, proper outlets, smoke and carbon monoxide detectors, reliable heat.

I get heat for standing by good, solid, tried-and-true underwriting principles which include not over-leveraging and being less aggressive on less experienced borrowers, but we have to first protect the downside risk to the portfolio.

We’re evaluating a property that is a legal 2-unit with an in-law suite and would appreciate feedback from those who’ve dealt with similar setups.Current conditions:Legal 2 units + finished in-law suiteOnly 2 gas meters currentlyIn-law ceiling height is approx. 6’2”In-law already has a kitchen, bathroom, and bedroomNo dedicated heating or cooling for the in-law unit at the momentWhat we’re considering:Installing central air / HVAC for all 3 unitsPotentially adding a 3rd gas meterLooking for insight on:Code and permitting considerations (especially around ceiling height)Pros/cons of tying the in-law into shared HVAC vs separate systemsWhether adding a 3rd gas meter is typically worth it (cost vs rentability/value)Red flags you’ve run into with in-law units from a resale, appraisal, or inspection standpointWould love to hear from anyone who’s rehabbed, owned, or sold properties with in-law units — especially in older buildings.Thanks in advance.

Poor representative was dealt with by getting rid of them.It seems this PM is trying to provide good service and taking reasonable actions.best wishes I owned rentals in Memphis and Jackson MS and I can categorically tell you if its hot out and there is no AC those tenants will be screaming and or they will just up and move.In Jackson landlord must have working central heat and air to qualify for section 8.

Im not otherwise concerned about it breaking since I have other ways to heat the home. also A/C is only a few years old.

The heated pool.

Don’t get caught in the heat of a bidding war.4.

Hooting and hollering suddenly claiming no heat at the apartment (its been single digit temps for a week already).